Getting more expensive to own a car…

From the 20th of December, vehicle related fees will rise. This includes fees for registering a vehicle and transferring of ownership.

LTA attributes rising fees to increasing costs of providing these services, which include things such as IT system maintenance and manpower costs.

In lieu of this, the authority will be raising 24 fees out of an existing plate of 61 fees. These fees has not been increased for more than 10 years. Vehicle registration fees will be raised from $140 to $220 and transfer fees will go up to $25 from $11.